The Walt Disney Company
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.25B | $25.17B | $25.98B | $22.46B | $23.65B | $23.62B | $24.69B | $22.57B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $3.97B | $4.07B | $4.12B | $4.45B | $4.14B | $3.98B | $3.93B | $4.31B |
| Operating Income | $5.56B | $4.60B | $4.60B | $3.48B | $4.58B | $4.44B | $5.06B | $3.66B |
| Operating Margin | 22.0% | 18.3% | 17.7% | 15.5% | 19.3% | 18.8% | 20.5% | 16.2% |
| Interest Expense | $463.0M | $473.0M | $443.0M | $-3.21B | $438.0M | $471.0M | $487.0M | $-3.61B |
| Pretax Income | $3.65B | $3.37B | $3.69B | $2.05B | $3.21B | $3.09B | $3.66B | $948.0M |
| Income Tax Expense | $801.0M | $902.0M | $1.21B | $602.0M | $-2.73B | $-314.0M | $1.02B | $384.0M |
| Net Income | $2.64B | $2.25B | $2.40B | $1.31B | $5.26B | $3.28B | $2.55B | $460.0M |
| Net Margin | 10.4% | 8.9% | 9.2% | 5.8% | 22.2% | 13.9% | 10.3% | 2.0% |
| EPS (Basic) | $1.52 | $1.27 | $1.34 | $0.74 | $2.92 | $1.81 | $1.41 | $0.25 |
| EPS (Diluted) | $1.51 | $1.27 | $1.34 | $0.72 | $2.92 | $1.81 | $1.40 | $0.26 |
| Shares Outstanding (Basic) | 1.74B | 1.77B | 1.79B | 1.80B | 1.80B | 1.81B | 1.81B | 1.83B |
| Shares Outstanding (Diluted) | 1.74B | 1.77B | 1.79B | 1.81B | 1.81B | 1.81B | 1.82B | 1.83B |
| Dividends Per Share | — | — | — | — | — | — | — | — |